VERIFYING AND TRACKING ASSET STATUS USING BLOCKCHAIN AND AUGMENTED REALITY

Organization Name

Inventor(s)

Brandon Lim Lee of Rancho Palos Verdes CA US

Douglas Hideo Kato of Rancho Palos Verdes CA US

Jason Masayoshi Yamada of Rolling Hills Estates CA US

VERIFYING AND TRACKING ASSET STATUS USING BLOCKCHAIN AND AUGMENTED REALITY

This abstract first appeared for US patent application 20250124397 titled 'VERIFYING AND TRACKING ASSET STATUS USING BLOCKCHAIN AND AUGMENTED REALITY

Original Abstract Submitted

systems and methods are provided for verifying and tracking asset status using blockchain and augmented reality (ar). an example commerce system may comprise: (1) a signal-emitting tag attached to an asset; and (2) one or more processing resources configured to, in response to at least one of a device of a first user and a device of a second user processing a signal from the signal-emitting tag: (a) determine the processed signal is associated with an identifying blockchain hash code that uniquely identifies the asset within the commerce platform, (b) verify the first user is a valid possessor of the asset based on at least one of the identifying blockchain hash code and a transaction-recording blockchain that records transactions involving the asset on the commerce platform, and (c) permit the first user and the second user to execute a transaction involving the asset via the commerce platform.